PE Hub

OCTOBER 18, 2023

Oakbridge Insurance Agency was formed through the combination of four insurance brokerages in 2020. The post Corsair-backed Oakbridge closed 25 acquisitions before sale to Audax appeared first on PE Hub.

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Sale Acquisitions Insurance 77

JD Supra: Mergers

AUGUST 2, 2023

Representations and Warranties Insurance (RWI) has increasingly become a tool employed by both Buyers and Sellers to shift away from the traditional indemnification model of escrows or other mechanisms that could tie up significant amounts of sale proceeds for years, to a risk allocation model that shifts to the insurance markets risk for certain breaches (..)

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Sica Fletcher

AUGUST 21, 2024

The sections below outline what insurance agency investment banks typically provide for clients, to help readers determine whether they are actually needed. Do You Need An Insurance Agency Investment Bank? Sica | Fletcher has been proud to represent thousands of insurance agencies and brokerages over the last 10 years.

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Investment Banking Insurance Bank Banking 52

Global Newswire by Notified: M&A

JULY 2, 2024

July 02, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) announced today that it has sold the assets of Renasant Insurance, Inc. to Sunstar Insurance Group, LLC (“Sunstar”) effective as of July 1, 2024. TUPELO, Miss.,

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Insurance Sale Corporation IT 40

Sica Fletcher

SEPTEMBER 12, 2024

Although insurance agencies are not always family affairs, the 2024 insurance landscape reveals that between 50% and 70% of agencies are family-owned. The valuation process has a few additional considerations when selling a family insurance agency. Take, for example, a small agency with about $2M EBITDA considering a sale.

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Insurance Valuation M&A S&P 52

Sica Fletcher

AUGUST 6, 2024

Our research team’s latest report compares the top insurance agency investment banks of 2024. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry.

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Investment Banking Insurance Bank Banking 52

Sica Fletcher

MAY 8, 2024

Quite a few articles already detail the process of “how” to sell an insurance agency (you can read our article on that subject here ), but very few get to the bare bones of “why.” If you’re asking, “ should I sell my insurance agency,” the three big questions you must answer first are: Why Do I Want To Sell?

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Insurance M&A Valuation Advisory 52

Sica Fletcher

SEPTEMBER 3, 2024

The following article details the process of selling an insurance agency book of business in 2024, including deviations from the process of selling an agency, the valuation process, and common payout structures. Selling an insurance agency book of business has a few advantages over selling the agency in total. Why Sell Just the Book?

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Insurance Business Valuation M&A 52

Sica Fletcher

APRIL 11, 2024

This article examines the most common types of insurance agency sellers, which we break down into two distinct categories: the owners - agency CEOs and founders - and the partners - professionals in charge of overseeing a sale to ensure the best outcome. Urgent financial requirements (e.g., Market/Business Environment.

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Insurance Advisory M&A Investment Banking 52

Sica Fletcher

SEPTEMBER 17, 2024

When insurance agency sellers have already met with prospective buyers, they may have been offered a valuation based on their “adjusted EBITDA.” The following article provides a brief overview of EBITDA and adjusted EBITDA valuations for insurance agencies. What Elements Are Included in Adjusted EBITDA for Insurance Agencies?

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Insurance Valuation Profitability M&A 52

Sica Fletcher

JUNE 11, 2024

The following report contains our projections for Q3 2024 insurance broker valuation multiples. In addition, we categorize this data according to insurance industry specialization and by brokerage size, as measured by their annual revenue. Since H1 2023, the average insurance brokerage valuation multiple has hovered around 11.6x

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Broker Insurance Valuation S&P 52

Sica Fletcher

MAY 15, 2024

This article breaks down the question, “how much is my insurance agency worth” in further detail, but the table below provides a surface-level overview based on varying degrees of revenue and operating expense: How Much Is My Insurance Agency Worth: A Breakdown Answering the question, “how much is my insurance agency worth?”

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Insurance M&A S&P Valuation 52

Sica Fletcher

JUNE 14, 2024

Insurance agency owners who are considering the prospect of running an M&A deal process often have many concerns about the fate of their agencies, but the most common by far are those surrounding the agency’s purchase price at closing. We’ll also detail some of the factors affecting these calculations.

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Insurance Valuation M&A S&P 52

How2Exit

MARCH 12, 2023

All parties should be aware of any legal obligations that they may have in the event of a sale or merger. Additionally, all parties should be aware of any legal obligations that they may have in the event of a sale or merger. In addition to documenting ownership, it is also important to insure ownership.

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M&A Business Insurance Mergers and Acquisitions 130

Sica Fletcher

AUGUST 14, 2024

For agencies and brokerages looking to grow their businesses prior to a sale, most owners typically opt to work with an investment bank. Insurance sector specializations, however, are skills rarely found on investment bank teams, which tend to specialize across a variety of industries.

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Investment Banking M&A Insurance Bank 52

Sica Fletcher

JULY 1, 2024

Selling an insurance brokerage is not altogether that much different than selling an insurance agency or even an insurance company. specialized regulatory and licensing requirements that are different from those of insurance agencies. That being said, brokerage owners need to consider a.)

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Insurance M&A Advisory Funds 52

PE Hub

OCTOBER 18, 2023

KPA is a provider of environmental health and safety and sales finance and insurance solutions. The post Providence Equity-backed KPA snaps up dealer compliance software firm ComplyNet appeared first on PE Hub.

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Equities Insurance Finance Finance 89

Sica Fletcher

MAY 29, 2024

M&A transactions for insurance companies are part of a robust but complicated market that requires ingesting a great deal of data in order to fully understand. While insurance M&A did see slight dips in deal volume and average value (Fig.2) While insurance M&A did see slight dips in deal volume and average value (Fig.2)

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M&A Insurance Equities S&P 52

Sica Fletcher

MARCH 12, 2024

As one of the most active M&A firms in the insurance sector, we are frequently asked how insurance agency valuations work. This article discusses the fundamentals of insurance agency valuations, plus a few lesser-known factors that play into these processes before we give an overview of the insurance M&A market in 2024.

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Valuation Insurance M&A Profitability 52

Financial Times - Banking

JANUARY 28, 2025

Plus, Brighthouse Financial considers a sale as asset managers clamour for insurers and Golden Goose lands a non-IPO deal

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IPO Asset Management Insurance Sale 68

Sica Fletcher

MARCH 26, 2024

This article outlines how to sell an insurance agency by chronological steps, with a quick overview of the process in the table immediately following. We also include some key insights we’ve gathered over several decades of selling insurance agencies. Insurance agency M&A transactions take one of two forms: Auction.

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M&A Insurance Valuation Advisory 52

Peak Frameworks

MAY 2, 2024

Understanding the Basics of Credit Sales Credit sales are purchases in which the buyer delays providing the actual payment. Under a credit sale, the buyer agrees to pay the price of a good over a period of time.

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Sale Accountant Financial Statement Business 52

Wall Street Mojo

FEBRUARY 8, 2024

Such expenses are often associated with medical insurance, which does not come under reimbursable once. Table of contents Out Of Pocket Expense Meaning Out Of Pocket Expense Explained What Are Health Insurance Out-Of-Pocket Expenses? What Are Health Insurance Out-Of-Pocket Expenses?

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Insurance Medical Financial Models Financial Modeling 98

Sica Fletcher

AUGUST 23, 2023

According to the S&P Global Market Intelligence League Table, Sica | Fletcher closed 51 M&A deals year to date (mainly insurance-related), representing a commanding 46% of all 2023 transactions and nearly double that of its closest competitor. “Our

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Insurance M&A S&P Shares 52

Global Newswire by Notified: M&A

FEBRUARY 14, 2024

has entered into a sale and purchase agreement with UK company Greenlight Insurance Services Limited. Trawick International Ltd.

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Focus Investment Banking

MARCH 10, 2025

Know the timeline After a sale, buyers often expect you to stay on for one to two years as an employee or consultant. Missing this detail could complicate or kill the deal, delay your plans, or reduce the sale price. Corporate structure Whether youre a C-Corp or S-Corp can affect taxes at sale. This derisks the org.

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Sun Acquisitions

FEBRUARY 3, 2023

Negotiating the sale of a manufacturing business can be highly stressful, but it is possible to get through it with minimal stress when armed with the right tips and strategies. To help ensure a better outcome for all parties involved, here are some top tips for negotiating the sale of a manufacturing business.

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Negotiation Manufacturing Sale Business 52

IBG

SEPTEMBER 11, 2024

In most business sales, the purchase price is largely based on some multiple of the subject company’s net revenues and adjusted earning capacity. The post Business Sale: Prepare to Show Your Financials appeared first on IBG Business.

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Sale Business Financial Statement Profitability 52

IBG

MAY 23, 2024

Preparing your co-owned business for sale should include provisions for responding to unexpected events in an owner’s life. The $55 million sale of I.W. To this list we would add “preservation of a business sale.” Savage Crushing LLC was three days from closing. Then, suddenly, three days before the closing, Doug died.

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Sale Business Valuation Insurance 52

Sica Fletcher

MARCH 26, 2020

Many of our clients have asked us about the impact on insurance brokerage M&A of the pandemic and the resultant containment efforts. The Largest Strategic Players Tell Us Full Steam Ahead – The major strategic acquirors have informed us that they plan to continue to aggressively pursue acquisitions of insurance brokers.

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Insurance M&A Broker Economics 52

Cooley M&A

DECEMBER 3, 2019

Over the last decade the use of R&W insurance in merger and acquisition transactions has grown exponentially. From 2008 to 2018, the total R&W policies bound per year in North America rose from 40 deals, providing $541 million of coverage to 1500+ R&W insurance transactions, providing aggregate coverage of $38.6 Advantages.

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Insurance Underwriting Mergers and Acquisitions M&A 40

Deal Law Wire

MARCH 18, 2021

While insurance companies have struggled throughout the pandemic, with share prices collapsing due to a rise in insolvencies, new technologies have the potential to transform the industry, driving a flurry of M&A activity in early 2021. Insurtech has the added benefit of generating cost-saving efficiencies. A Market Full of Opportunity.

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Insurance M&A Underwriting Private Equity 40

Francine Way

JULY 8, 2017

Many of these causes have their equivalences to the reasons behind the sale of a company (also known as a divestiture): Liquidity: As the equity holding period matured, investors (private equity funds behind companies) will look to sell. Once a sale has been decided, the process to look for a new owner is pretty well established.

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M&A Acquisitions Sale Investment 130

IBG

MARCH 14, 2024

In virtually every business sale, the purchase agreement contains a section in which the seller makes certain “representations and warranties” (R&Ws) regarding the state of their company. As compared to the demands and economics of escrows, insurance stands as a viable alternative.”

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Sale Business M&A Insurance 52

Growth Business

JANUARY 17, 2024

3 great UK fintech jobs available now #1 – Sales Manager – Fintech/Payment, Guardian Professional, London Based in London, Guardian Professional Corporate Services is hiring for a rapidly-growing, progressive business in a fast-paced, collegial working environment. Experience in finance, fintech and payment industries is desirable.

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Focus Investment Banking

SEPTEMBER 2, 2024

Companies with poor safety ratings will have higher insurance costs and more significant employee impacts, and substandard ratings are a big red flag for buyers. The post Sale Preparation: The Details DO Matter appeared first on FOCUS. This is where the OSHA 1 element comes in.

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Sale Business Investment IT 52

The TRADE

JUNE 24, 2024

UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. Effective from 1 September, Salcedo will be based in New York, reporting to Dan Murphy, Americas head of franchise sales. MEAG appointed Lydia Malakis head of institutional sales at MEAG.

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Asset Management Management Sale Portfolio Management 64